Similarly, every $10 movement of crude impacts India’s GDP by up to 40 basis points.

Traders who have shrugged off tensions in Middle East to respond when markets open on Monday.

Industry executives, analysts and investors said their analysis suggests Aramco is worth no more than half, and maybe as little as a fifth,...

The current surge in crude oil price is being dubbed as a bubble almost in the same breath as the dotcom, North Sea and Tulip Bulb mania.

The death toll from Sunday's natural gas pipeline explosion in Saudi Arabia has jumped to 38 even as six Indians, among the dead, have been...

State gas utility GAIL India is eyeing a stake in Russian oil firm Lukoil's gas field in Saudi Arabia and is in talks with the Russian firm...

Three years after ONGC launched its aggressive multi-million dollar quest for oil through its deepwater exploration campaign Sagar Samriddh...